Regulation

Regulation
CUs, Bank Trade Groups Clash Over CFPB Regs
May 08, 2019

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Debt Collection, Done Digitally?
May 07, 2019

Unlimited texting? Perhaps. Nights and weekends – well, maybe not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Regulation
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
May 07, 2019

The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
EU To Investigate Apple’s Music Service
May 06, 2019

Apple has landed in European Union regulators’ radar over a complaint by rival music streaming service Spotify, which has prompted a formal inquiry by the EU, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
FinTech Charter Hits Speed Bump
May 06, 2019

The suit can proceed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Regulation
RBI Fines Yes Bank For Money Transfer Violations
May 03, 2019

The Reserve Bank of India (RBI) has fined Yes Bank Rs 11.25 lakh under the Payment and Settlement Systems Act of 2007, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Turo: Why Regulating P2P Carsharing Won’t Level The Playing Field
May 03, 2019

The world of traditional car rentals, generally speaking, doesn’t present a consumer with the world’s greatest experience. One can pick the general category of their rental car, but the specific make and model is going to be a mystery until they go pick it up....

Regulation
OCC Opens Public Comment Period For Innovation Pilot Program
April 30, 2019

The Office of the Comptroller of the Currency (OCC) announced it has opened a 45-day public comment period on its proposed Innovation Pilot Program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Tech Lobbyists Oppose California Consumer Privacy Act
April 30, 2019

Lobbying groups and trade associations representing tech giants such as Facebook and Apple have thrown their support towards legislation that could weaken California’s landmark privacy law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...